The royalty game is a simple one.
Humans love to complicate.
You have an offer.
You have flow.
Offer + Flow = Income (or No income)
(If no income - tweak, test some more or end the test.)
👉Get rights to an offer. (Your's or someone else's)
👉Repurpose it. (If needed. Look at what David and Ryan did by repurposing my live event for example.)
👉Put it in FLOW. (Transaction, prospect, traffic, marketplace or payment flows.)
💰Earn royalties! (or adjust)
👉REPEAT with the SAME OFFER in more FLOWS. (You'll make way more money easier by finding more flow, not doing more offers.)
(Bonus tip: After an offer "wears out," you now have ALL THE FLOWS (distribution) you've set up earlier to monetize a new similar offer in a fraction of the time.)
Now...
Here's the thing that screws everybody up...
...where royalty dollars go to die...
It's...
⚠️DOING ALL THE OTHER SHIT THAT IS NOT PUTTING AN OFFER INTO FLOW! ⚠️
I'm all for CREATING TOOLS.
I'm all for creating prahdukts.
I'm all for building your own list.
I'm all for jumping on Zoom with other folks.
I'm all for watching videos, reading books and interacting in communities...
BUT...
⚠️None of that will put a dime of royalties in a Ronin's pocket.
Did you put an offer into flow today?
If you didn't...
You won't have any NEW royalties tomorrow.
No royalties today?
It's because you didn't put any offers into flow - yesterday!
It. Is. That. SIMPLE.
If you MAKE IT HARD...
It will be hard.
The reality is...
There are fantastic offers from tools to courses to other stuff AVAILABLE right here in Ronin.
👉What does every offer owner want?
👀MORE EYEBALLS.
You will never lack offer owners who want more eyeballs.
You will have so many coffee dates the caffeine will make your heart beat out of your chest if you CHAT ABOUT GETTING MORE EYEBALLS ON THEIR OFFERS!
(You can likely REPURPOSE one of their offers and offer it to THEIR FLOW. I do these deals all the time.)
If not...
Find a new flow!
BTW: There are 1000s of SAAS companies, 1000s of info products, 1000s of other products where you don't even NEED A COFFEE DATE. Just sign up as their affiliate. Make some sales and THEN get in touch with them. If you've made SALES 95/100 times they will be happy to chat with you.
👉What does every flow/audience owner want?
*To look like a hero to their peeps.
*To solve a problem for their peeps they don't have the TIMER to solve.
*To save or make money.
Have rights to an offer but don't want to talk to audience owners?
Don't if you don't want to.
There are 100s OF MARKETPLACES that will gladly accept your offers.
got rights to my Shogun Traffic Method. He's put it up on Clickbank. He will earn royalties on the marketplace and grow his FLOWS/DISTRIBUTION when affiliates promote our offer. We worked a 90/10 deal.
Guess who gets the 90% deal?
HE DOES!
And I'm suuuuper thrilled because my offer gets more eyeballs, I get buyers and grow my network.
There are 1000s of authors/course creators with rabid followers who'd gladly work a deal like that with ya.
There are 1000s of authors with followings that have physical/Kindle books but NO AUDIO...
For as little as $1000, you can have a pro turn it into AUDIO. (Repurpose)
Then, put it in flow on Audible. (for 25% to 60% royalties in PERPETUITY.)
(Work out a split with the author. If they promote it heavily, do a 50/50 split.)
I got my first Audible payment for $316.
I took the NON-Exclusive 25% option so I could distribute to places other than Audible.
If you're new to this...or struggling to put your first offer into flow...
PLEASE.
PLEASE.
PLEASE.
For your OWN SAKE...
Invest 4 to 8 hours...
- If you make that small time investment...
2. Use this post...
3. And lean on Ronin for the skills you may not have...
🕛You can start setting up recurring royalty streams as early as 7 to 10 days (or sooner).
You will UNDERSTAND MORE about setting up streams ONLY AFTER YOU'VE SET UP A FEW.
No amount of LEARNING (after the above) will serve you as well as DOING THE DEALS.
After you've done about half a dozen deals or so...
YOU
WILL
NEVER
BE
THE
SAME!
You will UNDERSTAND FLOWS and people's needs/wants/problems ARE money - AT A DEEP - TRANSFORMATIVE LEVEL...
Fear and worry over "how to make money" will seem like bad dreams you had in the past.
BECAUSE NOW YOU KNOOOOOWWWWWW!
Will ya do it?
Are you down with setting up your first (or next) royalty stream by putting AN OFFER INTO FLOW?